Department for Business, Innovation and Skills
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Support for small businesses to tackle record levels of cyber attacks
More small businesses than ever are facing the threat of losing confidential information through cyber attacks, according to research published yesterday by BIS.
The 2013 Information Security Breaches Survey has shown that 87% of small businesses across all sectors experienced a breach in the last year. This is up more than 10% and cost small businesses up to 6 per cent of their turnover, when they could protect themselves for far less.
This comes as the Technology Strategy Board extends its Innovation Vouchers scheme to allow SMEs to bid for up to £5,000 from a £500,000 pot to improve their cyber security by bringing in outside expertise. BIS is also publishing guidance to help small businesses businesses put cyber security higher up the agenda and make it part of their normal business risk management procedures.
